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A comment on The U.S. Housing Market vs. the Canadian Housing Market. Parent comment

Re:The U.S. Housing Market vs. the Canadian Housing Market by CydeWeys on Saturday September 09, 2023 @03:36PM (#37449458)
It works out to effectively way more than $75k/yr in realizable income because, in the US at least, long term capital gains on your primary residence are heavily tax-advantaged in a way that income isn't.
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Re:The U.S. Housing Market vs. the Canadian Housing Market by bardak on Saturday September 09, 2023 @03:58PM (#37449663)
Even better in Canada since capital gains on your primary residence is not taxed at all.
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Re:The U.S. Housing Market vs. the Canadian Housing Market by nly on Sunday September 10, 2023 @04:05PM (#37459476)
Same in the UK
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Re:The U.S. Housing Market vs. the Canadian Housing Market by doctorpangloss on Saturday September 09, 2023 @05:38PM (#37450548)
This entire thread is unsophisticated people bemoaning (or celebrating) things they don't understand. A median that is going to be less than 1 house for a 30 year old, and maybe 3 in the average lifetime, so truly, what do they know? 90th percentile is probably 10 trades. It's garbage in, garbage out, and it's why there is zero progress made on any of these issues.

Nobody forces you to buy, or sell, a house. And if you feel strongly about the politics of the issues, try to get elected.

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